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Paul Mampilly: Take the Good Out of the Bitcoin Bubble

Paul Mampilly has managed client accounts that contained millions of dollars. He has worked and managed investment accounts for the Royal Bank of Scotland. He has been an account manager for two decades, and he has a lot of experience with his own investments. He has seen his investments go through various bubbles during the decades that he has invested, as such is the nature of investing. He was able to develop a skill for spotting bubbles when they occur. Visit the website paulmampillyguru.com to learn more.

He is convinced that the Bitcoin mania is just a bubble, just like all the rest of the bubbles. He firmly believes that the Bitcoin bubble will crash very soon. However, he says that there are still a few ways that you can profit from Bitcoin. Even if it is going to crash, you have to look for the good aspects and see what you can take out of this experience.


Good investors look for the good parts of every opportunity. They will take advantage of every opportunity that comes their way. In the case of Bitcoin, says Paul Mampilly, it is the blockchain technology. Although Bitcoin itself serves no purpose and will not bring you anywhere, the fact is that the technology behind it is very valuable. Blockchain is a very complex technology. It is hard to understand if you are not a tech junkie. Therefore, we will not go into the details about this technology. Rather, we will suffice to say that blockchain is very promising, and a lot of companies are starting to adopt the blockchain technology for their various business needs. You should invest in blockchain companies because although Bitcoin itself will burst, the technology behind it does have something substantial behind it and is a good investment. View Paul’s profile on Linkedin.

Paul Mampilly likens this to Amazon. Yes, a lot of the dotcom stocks crashed, Amazon among them. However, Amazon continued to grow later on. If you would have bought their stock then, you would be rich now. Even during a crash, says Paul Mampilly, there is always something that you can take away from it and profit with it. For Amazon, the idea was great, but the time was not right. With Bitcoin, the idea behind it, meaning blockchain technology, is great as well. Invest in the blockchain technology as it is being used by many companies around the world. Visit: https://affiliatedork.com/banyan-hill-publishing-investment-advice

 

Paul Mampilly Says Bitcoin Is Too Popular And Is Likely To Crash

Banyan Hill author and former hedge fund manager Paul Mampilly brought up Bitcoin in one of his recent articles in which he talked about the rise in the cryptocurrency in 2017 but says investors should avoid it now. Mampilly said he’s a believer in cryptocurrency and blockchain technology and likes where it’s headed in the digital age, but Bitcoin he says became a little too popular in 2017. He says that while investors realized it was part of future currency, too many started buying into it and driving its market price way too high, and as a result a bubble was formed. This is the same kind of bubble that led to the downfall of tech stocks in the 2000 recession and later the housing crash of 2008. Mampilly says if you are interested in investing in digital currency, you should look into another one that he shares in his “Extreme Fortunes” newsletter. Read more about Paul Mampilly on Business Journal.


Paul Mampilly chose to start writing newsletters a couple years ago because his former career in big banks and hedge fund management was something he felt he never fully fit into. He is certainly passionate about investing in the stock market, and he’s repeatedly credited his father for sending him to Montclair State University where he earned his bachelor’s degree in finance. But he mentioned in one interview that if he was to go back and do it all over again, he would probably have learned how to build his own wealth through investing as opposed to doing it the way he did. But he did gain valuable experience from the time he joined Deutsche Bank in 1991 till the end of his tenure at Kinetics International Fund, a big hedge fund that he helped grow to $25 billion in AUM. Mampilly also invested $50 million in stocks during the recession which gained 76% and won a competition at the Templeton Foundation in doing so. Check more reviews on forexvestor.com for more info.

Mampilly had already seen his own portfolio boom when he bought stock in Facebook, Netflix and Sarepta Therapeutics, so he knew when he became a newsletter writer at Banyan Hill that he had a great track record to point to. Writing his newsletters has allowed Mampilly to bring lower income middle class investors into the markets, and it’s also allowed him more flexibility for family and personal time. “Profits Unlimited” was the first newsletter he started which reached over 60,000 subscribers within a month, and he’s since started “Extreme Fortunes” and “True Momentum.” Visit: https://www.linkedin.com/in/paulmampilly